In the latest statement, Indonesia's Investment Minister requested to receive 1 billion USD from Apple to lift the iPhone 16 ban.
Due to failure to fulfill its promised commitments, Apple has been banned from sellin
g all iPhone 16 models in Indonesia.
Illustration photo.
Illustration photo.
According to Reuters, Indonesia's Investment Minister Rosan Roeslani told In
donesian lawmakers that the country would raise its demands. The minister later said
he hoped to see a $1 billion investment commitment from Apple within a week.
Mr. Rosan said:
“Anyone who benefits from sales has to invest here, create jobs here. Wh
at matters is how the global valu
e chain moves here because once that value chain moves, the suppliers will follow.
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After the iPhone 16 series ban in Indonesia, Apple offered to invest $
10 million. Indonesia rejected it and then also rejected Apple's next offer of $100 million.
According to the Financial Times, "Apple House" sold about 2.9 million iPhones in Indonesia in 2023.
Illustration photo.
Illustration photo.
However, Indonesia is becoming increasingly important to Apple, although s
o far the company has not moved any manufacturing operations to the country as it h
as done with India and Vietnam. In April 2024, Tim Cook promised Indonesia that
Apple would consider deploying manufacturing operations there.
The promise comes as Apple opens its fourth Developer Academy in the country.
